Livestock Report – Lean Hogs

Ben DiCostanzo General Commentary, Livestock Leave a Comment

The liquidation in front of the Quarterly Hogs and Pigs report was reversed as funds bought futures taking price nearly up limit on Friday September 28, 2018. The report didn’t contain any bearish surprises, instead showing numbers slightly lower than expectations prompting buying in the futures market. Traders took price past resistance at 58.25 making the session high at 58.45 …

Grain Spreads: Back to Reality

Sean Lusk General Commentary Leave a Comment

Today’s quarter end grain stocks report gave traders a fresh reminder of just the massive supply of crops that the US has in the bin amid harvest in the Midwest. After trading higher in the last week, corn and beans did an about face and traded appreciably lower to end the month and quarter. The US September 1st corn stocks estimate …

Last Quarter Coming

Steve Bruce Grains Leave a Comment

Now that the reports are out of the way it’s time to focus on weather and harvest/seeding as well as the potential for trade pacts and policy shifts…………………….The next report is scheduled for October 11………………………………………………………………. Going into the reports today the average trade guesses for stocks as of September 1, 2018 was about 400 million bushels of beans, 2.0 billion …

AG TIME – Not Much to Say

John Walsh General Commentary, Grains Leave a Comment

The USDA report tomorrow will have some effect on the market. I have little to add. To briefly recap some of my thoughts. The recent rally in beans is driven by short covering and some global demand to the US due to the difference between the SA market. This presents an opportunity to sell into a rally for old crop. …

Harvest and Reports Still Coming

Steve Bruce Grains Leave a Comment

Forecasters are calling for dry weather through early next week and then a little rain in their 6 to 10 day outlook which should induce producers to throttle up and go after beans and corn in earnest this weekend………………According to the USDA we still have close to 80% of the corn and bean crops to get out of the field …

Olive Line Signals

Alan Palmer General Commentary, Grains Leave a Comment

ARP here I offer the olive line as a tool to assist in your trading rules. If you have a interest in telling me where you lost, I can assist by sending some historical charts. You need to use strict money management rules, the olive line can assist with this. It is always risky, but that’s why we play the …

Livestock Report – Cattle

Ben DiCostanzo General Commentary, Livestock Leave a Comment

In my opinion, it seems funds like to use bearish cattle on feed reports to buy the dips and then take futures higher. It’s happened again as December live cattle has made a new high and November feeders has traded back to the upper end of its trading range. I believe this is the fifth report in a row that …

AG TIME – Patience

John Walsh General Commentary, Grains Leave a Comment

An up day today. A rally here of any proportion should be viewed as a real opportunity to make sales. The USDA releases a report Friday. This is somewhat important in my opinion. It should show the beans are plentiful. The corn I’m not so sure. It could be interesting. Some thoughts for today. The Brazilian is planting at a …

Watching and Waiting

Steve Bruce Grains Leave a Comment

The talk in the trade is that we might see the USDA increase its corn and bean stocks-in-all-positions a little bit from the last 2017/2018 ending stocks figures………………………………………….In the past the September stocks report has allowed for the USDA to “reassess, redefine, make up for and readjust”  mistakes/miscalculations from previous reports……………………………………………….There can always be a surprise and the impact of …